One of the publicity issues home-based care faces is that most people don’t even understand the difference between home health care and home care, much to the chagrin of industry veterans in both sectors. But in the future, those same leaders are bullish on the merging of those two types of care. Home care and […]
The National Alliance for Care at Home’s (the Alliance) leadership team is rounding into form. Sherl Brand – who has significant leadership experience in provider, association and third-party roles – is set to become the next COO. Brand will begin her new position in the middle of January. She will become the first COO of […]
LHC Group President and CEO Josh Proffitt on Wednesday shared a home-based, value-based vision for the company’s future. UnitedHealth Group’s (NYSE: UNH) Optum acquired LHC Group last year for $5.4 billion. “Home Care remains deeply fragmented, disconnected and too difficult to navigate,” Proffitt said Wednesday. “It accounts for about $150 billion of the health sector […]
Addus HomeCare Corp. (Nasdaq: ADUS) has completed its acquisition of Gentiva’s personal care assets. The deal will significantly bolster Addus’ footprint in certain states, and also allow the company to enter other states for the first time. In a press release, Addus noted that the $350 million deal was funded through a combination of cash […]
The saga involving New York’s self-directed home care program has taken yet another turn. Last week, a home care company that was not chosen to be the fiscal intermediary for the program moving forward sued the state, alleging that the selection process was rigged. The Consumer Directed Personal Assistance Program (CDPAP) has cost the state […]
Elevance Health to acquire CareBridge Elevance Health (NYSE: ELV) is emerging as another “payvider.” It announced last month that it has agreed to acquire the home-based care company CareBridge. The deal is reportedly worth $2.7 billion. CareBridge is a value-based solutions platform for home- and community-based services. After its founding in 2019, the company raised […]
New Day Healthcare – one of the fastest-growing home-based care organizations in the country – has picked up more fuel for its growth engine. The company announced Monday that it has closed on a $125 million senior credit facility with First Citizens Bank. Backed by the private investment company Kaltroco, New Day has executed about […]
Addus Homecare Corp. (Nasdaq: ADUS) leaders believe that, no matter who won the recent presidential election, their company would have been set up well for the future. With that said, the Medicaid Access Rule may now be going away due to Donald Trump’s win, as well as the 80-20 provision. “We really didn’t care so […]
Altaris — a New York-based, health care-focused investment firm — recently acquired Sharecare, the owner of the home-based care company CareLinx. Atlanta-based Sharecare is a digital health company that leverages a data-driven virtual health platform to manage patients’ health. It works with employers, health plans and government programs. CareLinx, meanwhile, coordinates personal care services and […]
As home-based care leaders seek new business opportunities, rolling out new product or service lines can be an avenue for achieving growth. But those new service lines can also have considerable financial consequences if things go awry. One company with extensive experience launching new service lines is Choice Health at Home. Tyler, Texas-based Choice provides […]
By continuing to use the site, you agree to the use of cookies. More Information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. For more information, see our cookie policy
